Federal employees are in store for a 5.2% pay raise in 2024, according to President Joe Biden’s proposed budget for the upcoming fiscal year. That would be the largest increase in nearly four decades for the U.S. government’s 2.1 million civil service employees. “Federal employees are de...
Summary Federal overtime laws require that employers provide overtime pay to those who work over 40 hours per workweek. Many states have their own overtime laws. States that do not have their own overtime rules default to the federal law. Starting Janu
This isn’t about being anti-worker or clinging to some outdated notion of the 9-to-5 grind. It’s about recognizing that federal employees have a unique responsibility as public servants. They are not freelancers; they’re the backbone of the government, and they need to act like it. Am...
Federal government workers just can't catch a break. It's looking pretty likely that the two-year pay freeze -- that was expiring at the end of this month -- is going to be extended again through Dec. 31. Workers had been hoping to see a small bump in their payby 0.5% next month...
But if a government is untrustworthy, then it will have trouble issuing debt to private investors. And that’s when politicians will have incentives to use the central bank as a printing press. P.S. Pay attention to Italy. The European Central Bank has been subsidizing its debt. That bad...
Now, use the income tax withholding tables to find which bracket $2,015 falls under for a single worker who is paid biweekly. You find that this amount of $2,015 falls in the “At least $2,005, but less than $2,025” range. Using the chart, you find that the “Standard withhold...
The tipped minimum wage of $7.65 an hour for federal contractors would be replaced by the standard minimum by 2024. "These workers are critical to the functioning of the federal government: from cleaning professionals and maintenance workers who ensure federal employees have safe and ...
The federal trade readjustment allowance was temporary financial assistance provided by the U.S. federal government to help workers who had lost their jobs due to the effects of foreign trade and imports into the country. The program it was part of expired on June 30, 2022. As of the end...
This Federal Worker Sees No Reason to Complain About PayMike Causey
A minimum wage is the lowest wage that a worker may be paid per hour. It's a price floor on hourly wages mandated by federal law.Nonexempt workerscan't be offered a job or agree to work for less than this amount. Minimum wages are set by the federal government and by states. They...